Burford Brothers Inc. Has $12.30 Million Position in Capital Group Core Equity ETF $CGUS

Burford Brothers Inc. decreased its stake in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 332,972 shares of the company’s stock after selling 7,262 shares during the period. Capital Group Core Equity ETF accounts for approximately 5.6% of Burford Brothers Inc.’s holdings, making the stock its 3rd biggest holding. Burford Brothers Inc. owned about 0.20% of Capital Group Core Equity ETF worth $12,296,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CGUS. Golden State Wealth Management LLC bought a new stake in Capital Group Core Equity ETF during the 1st quarter worth about $29,000. Chilton Capital Management LLC bought a new stake in Capital Group Core Equity ETF in the first quarter valued at about $31,000. Fifth Third Bancorp acquired a new position in Capital Group Core Equity ETF in the second quarter valued at about $40,000. First PREMIER Bank acquired a new position in shares of Capital Group Core Equity ETF during the 2nd quarter worth about $83,000. Finally, Synergy Investment Management LLC increased its stake in shares of Capital Group Core Equity ETF by 101.0% in the 1st quarter. Synergy Investment Management LLC now owns 2,885 shares of the company’s stock valued at $96,000 after acquiring an additional 1,450 shares during the last quarter.

Capital Group Core Equity ETF Stock Up 0.2%

Shares of NYSEARCA CGUS opened at $39.23 on Friday. Capital Group Core Equity ETF has a twelve month low of $28.95 and a twelve month high of $40.09. The company’s fifty day moving average is $39.06 and its 200-day moving average is $36.50. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 26.31 and a beta of 0.92.

Capital Group Core Equity ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Tuesday, September 30th were given a $0.0925 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 30th.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.